Azerbaijan, taking credit for being one of the world’s oldest wine growing countries, intends to expand the export of wine to China, the world’s second-largest economy. The issue was the key topic of talks between local winemakers and the trade representative of Azerbaijan in China, Teymur Nadiroglu. Nadiroglu informed entrepreneurs about the Chinese wine market,…
The European Commission has approved Riga’s tramway infrastructure development project. As part of this project, it is planned to build the 3.5 km Skanstes tramline, which will cost EUR 97.4 million, as reported by Rigas satiksme representative Viktors Zakis. The project involves the construction of a 3.6-km tramline on Pernavas Street – Sencu Street –…
Azerbaijan’s external debt stood at $7,172.6 million (12,208.5 million manats) as of July 1, which accounts for 18.9% of the country’s GDP, said Azerbaijani Ministry of Finance. The statistics on borrowings include direct liabilities of the Azerbaijani government and contingent liabilities for loans attracted under state guarantee. Azerbaijan’s external debt consists mainly of funds raised…
In Ukraine, early cereals and pulses were harvested from 9639 thousand ha (100%) as of August 21. Farmers gathered 37224 KMT with an average yield of 3.86 MT/ha against 37948 KMT with an average yield of 3.94 MT/ha as of August 22, 2016. These included 26562 KMT of wheat harvested from 6359 thousand ha (100%)…
In January-July the production volumes of crude sunflower oil in Ukraine totaled 3.18 million tons, an increase of 36% compared with the same period last year, the State Statistics Service of Ukraine reported. In particular, in July Ukraine produced 314 thousand tons of sunflower oil, down by 30.4% MoM, but up by 46.4% YoY. Also,…
Uzbekistan’s former Deputy Prime Minister Ulugbek Rozukulov has been appointed the director general of the country’s national airline Uzbekistan Airways, a source in the airline’s management reported on August 24. Uzbekistan Airways was earlier headed by Valeriy Tyan. Uzbekistan Airways is a flag carrier airline in Uzbekistan and is wholly owned by the state. It…
Turkmenistan-China gas relationship may be viewed as one country’s over-dependence on another, Sean Roberts, an expert on Central Asia and Associate Professor of the Practice of International Affairs, said commenting on the construction of Tajik section of the Turkmenistan-Uzbekistan-Tajikistan-Kyrgyzstan-China gas pipeline launched last month. “On one hand, it is easy to understand why Central Asia…